Kellwood Company completed a $400 million five-year Asset Based Lending credit facility. This new facility, along with $433 million of cash and cash equivalents as of January 31, provide ample liquidity and financial flexibility to meet the operating, str
Author: SGB Media
Nike Supports Doernbecher Freestyle Project
Nike and Doernbecher Children's Hospital have teamed up for the second annual Doernbecher Freestyle project, which provides the opportunity for artistically inclined young patients battling serious illness to design Nike footwear. Working with Nike d
OIWC Seeks Nominations for First Ascent Award
The Outdoor Industries Women’s Coalition is accepting nominations for the second annual OIWC First Ascent Award. This award recognizes a woman new to the industry who demonstrates strong potential for leadership. The winner will be rewarded with a scholar
Callaway Updates Q1 Guidance to Fall Short of Wall Street Estimates
Callaway Golf Company estimates net sales for the first quarter ended March 31, 2006 of approximately $300 million, with corresponding earnings per diluted share ranging from 31 cents to 33 cents…
Skechers Joins SandP Small Cap Index
Standard & Poor's shuffled several indices due to the recent acquisition of Guidant Corp. by Boston Scientific Corp. As a result, Legg Mason Inc. will replace Guidant Corp. in the S&P 500; Oshkosh Truck Corp. will replace Legg Mason in the S&P MidCap
Hi-Tec Partners with Clinkard and Charities to Prevent Child Abuse
U.K. Footwear Retailer Charles Clinkard has joined forces with HI-TEC to promote their new kids footwear collection, Phibian and Friends. Every sale of the HI-TEC Phibian range will result in a 50p donation to the National Society for the Prevention of Cr
Iconix Receives Early Antitrust Clearnce; Closes MUDD Acquisition
Iconix Brand Group, Inc. has closed on the acquisition of the MUDD brand from Mudd LLC. On April 3, 2006, the Company signed a definitive agreement to purchase substantially all of the assets of Mudd relating to the Mudd brand and related marks, subject t
AHS Distributes $50K in Grant Money
American Hiking Society's National Trails Fund grants program helped 17 nonprofit organizations across the country by granting a much needed boost to their efforts to establish, promote, and protect foot trails and hiking opportunities. AHS will dist
Salomon Social Reorganization Continues On-Schedule
The Works Council and Salomon S.A. have agreed to continue with the social plan process that was started last December, concerning the reorganization of the company. As a consequence the Works Council has withdrawn its petition to suspend the reorganizati
adidas Outlines Growth Strategy
The adidas Group presented its strategy for further growth following the integration of Reebok. Herbert Hainer, adidas Group Chairman and CEO, increased the medium-term sales guidance and earnings outlook for 2007. The Group now expects to post high-singl
adidas and NBA Ink 11-Year Merchandising Partnership
The adidas Group and the National Basketball Association have signed an 11-year strategic global merchandising partnership that will make the adidas brand the official uniform and apparel provider for the NBA, the Women’s National Basketball Association (
Teva Launches New ‘Running Club’ Marketing Campaign
Teva, a division of Deckers Outdoor Corporation is focusing on the trail running category with a new trail specific running club and multi-channel marketing campaign.
The Teva Mountain Running Club is designed to create a community of trail runners seekin
Summus Works Acquires Another U.S. SnowSports Distributor
Summus Works, Inc., formerly known as Prime Rate Investors, has signed a letter of intent to acquire the U.S. distributor of Lisker clothing. Lisker is based in Grenoble, France, where it manufactures technical ski and snowboard wear and accessories. Lisk
Roberts Promoted to Director of Government Affairs at OIA
Frank Hugelmeyer, President of OIA, appointed Amy Roberts as Director of Government Affairs, overseeing all government affairs activities including public policy, lobbying, and grassroots organizing. Currently OIA’s Legislative Affairs Associate for Recre
Half Moon to Build LEED Certified DC
Half-Moon Outfitters is embarking on renovations for a new distribution center designed to be so environmentally friendly as to attain the U.S. Green Building Council's Leadership in Energy and Environmental Design Platinum certification (LEED). Thro
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